1. i.t.assess cash loan received limit one finicial year for sec 269ss.
2. difference for cash credit and overdraft loan. and calculation method.
As per sec. 269SS the cash loan limit is Rs. 20,000/-
2 Replies
Kollipara Sundaraiah
(B.com)
(3004 Points)
Replied 27 June 2019
maximum cash on hand limit at the finicial year ending under I t.act .excess amount convert to cash debtors acceptable.
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